Announced
Completed
Financials
Tags
United States
bank holding company
Acquisition
Banks
Majority
Merger
Single Bidder
Domestic
Public
Friendly
Completed
Synopsis
BancorpSouth Bank, a bank holding company headquartered in Tupelo, Mississippi, completed the acquisition of FNS Bancshares, the parent company of FNB Bank, for $108m. "The completion of this merger is a great accomplishment for our organization. We're pleased to be partnering with a strong, growing company like BancorpSouth and feel confident that this combination will be beneficial to our employees, customers and communities across Alabama, Georgia and Tennessee," Steve Rownd, BancorpSouth president and former CEO of FNS.
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